A South London portfolio including a production site, warehouse, and four shops formerly operated by Coughlans Bakery is up for sale.
Estate agency Christopher St James is marketing the properties on its website with an asking price of £4.8m. Assets can also be purchased individually.
Family-run Coughlans went into voluntary liquidation on 1 July, closing its entire retail estate of 31 stores across south London, Surrey, Kent, and West Sussex. The majority of shops were subsequently bought up by Janes Bakery, which has since confirmed plans to refurbish and reopen 20 locations supplied from its Gloucester manufacturing unit and from Notting Hill Bakery – the business its parent company acquired earlier this year.
While seven former Coughlans shops are having their leases let go, four are still owned by the business and are now available to buy. These include the 89-year-old bakery’s original shop on London Road near Croydon University Hospital (999 sq ft), which also comes with two single-bedroom flats above it, as well as stores in Coulsdon (775 sq ft), Banstead (822 sq ft), and Addiscombe (876 sq ft).
The historic production site, said to have been a bakery for over 200 years and taken over by Coughlans in 1971, is located on Sandringham Road in Thornton Heath. It features around 20,300 sq ft of bakery space including an open delivery bay, preparation areas, stores, and a flour vault on the ground floor, with the first floor providing offices, toilets, changing rooms, canteen accommodation, cake room, assembly-line areas, and refrigerated storage.
Directly opposite is a 6,700 sq ft warehouse and storage facility with a level forecourt suitable for loading and parking, plus an additional plot of land to the rear.
Coughlans has been invited to comment on the sale. In a video posted on Instagram on 1 July, managing director Sean Coughlans cited reasons behind the voluntary liquidation that included recent hikes to National Insurance Contributions and minimum wages, high business rates, and soaring costs of fuel and ingredients.
The company had welcomed TV comedian Romesh Ranganathan on board as a part-owner in 2024. Coughlan expressed on Instagram how he felt the bakery had “absolutely let him down”, with Ranganathan replying: “Gutted isn’t the word”.
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